Automation VS Human employment

We've heard numerous stories about how artificial intelligence and robotics will drastically transform the job market.

In this research we are focusing on the Central and Eastern European region and the trends, impacts that we forecast for the upcoming two decades.

This paper is far from a complete study, however, we hope it serves for a good conversation starter to discuss this topic. We appreciate your contribution, please channel back your thoughts via email: hello (at) socialfokus.org.

Thank you for the LightClock team for supporting us and preparing this study for the community.

Highlights:

"Similarly, the increasingly sophisticated AIs are going to shoulder their competitors, i.e. the highly qualified people with special knowledge, whose labor costs are relatively high. Paul Whiteley called them educated left behinds."

"Volkswagen, the biggest car manufacturing concern of the world, is planning to lay off 53,000 workers globally. Simultaneously, the company is to hire 5,000 software engineers in Germany for the development of the electric engine."

"Typically, the economy of dependent countries is less developed, spill-over of the new technologies occurs rapidly, and its negative impacts will be far more serious than in developed countries. They do not have adequate amounts of capital to finance the transitional period or enough market alternatives in the service or the R&D sector. CEE countries strongly rely on Germany and the negative effects of Industry 4.0 automatization is unpredictable for the region"